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Q1. They charge $4/lb for every pound you buy thereafter. If your income is still $100/week, draw your budget constraint for the composite good also marigold seeds.
Q2. If the government purchases also taxes are both increased by $100 billion simultaneously illustrate what will the effect be on equilibrium output
Q3. t=0,g=200,c=0.8,also m=0.0.Note the value of equilibrium output. Now decrease g by 50. Illustrate what is the value of equilibrium output? Illustrate what is the implied multiplier?
They value campaign funding in terms of dollars spent. Therefore, after spending ci on a campaign.
Suppose that Missing Link must pay a tax equal to 40% of its gross revenue. What is the optimal number of machines for the company.
What is the MRS Is this consumer at an optimum. If not at an optimum should the consumer buy more of the X good or more of the Y good.
Can you tell whether this firm is in a competitive industry. If so, can you tell whether the industry is in a long-run equilibrium.
Explain how the U.S. economy may self-correct back to the long-run equilibrium where actual GDP equals to full GDP and there is full employment.
A new Taurus bought in 1994 cost $18,680 and it could have been sold as used in 1995 for $12,600.
Write down on a paper analyzing dissimilar approaches that might be used by Keynesian theorists.
Caught up in broad social and economic disaster that swept the Mediterranean basin during the twelfth century BCE, what seems to have happened to the civilization of people.
Assume there are no other countries willing to trade goods, so when there is no trade between these two countries, each country consumes the amount of wheat and clothing it produces.
Product Y can be sold at a profit if $100 per unit, and product K can be sold at a profit of $25 each.
Explain how high must the deductible be to encourage low-risk behavior
How is this shifting of AD curve going to affect the price level and output level of the economy.
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